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Old 10.06.2008
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TransForce buys Que LTL fleet
TransForce buys Que LTL fleet
10/6/08
Quote:
MONTREAL -- TransForce may no longer be an asset-gobbling income trust, but its appetite for fleet acquisitions is still insatiable.
Canada's largest for-hire trucking company, which has always been especially hungry for Quebec carriers, just netted Saint-Ephrem-de-Beauce-based Transport Couture et Fils Itée(TCFL), to its list of catches, todaystrucking has learned.

The deal had not yet been made public. Executives throughout the TransForce network will be notified of the details this week.
More Here >> TodaysTrucking
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Old 10.08.2008
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TRANSFORCE is spending $ on profitable trucking operations but within a year that PROFIT seems to vanish.

Their financial pictures not all that rosy , shares are down and although the GROSS $ is up the profits are not and the debt they are carrying is HUGE.
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